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Devastgoedmarkt

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0747.803.781

A bankruptcy procedure is open for Devastgoedmarkt according to publications in the Belgian Official Gazette; trustee: Kathleen Segers.

Summary

The 2021 annual accounts show equity of €12,435 and a net result of €5,935.

DevastgoedmarktOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
24 June 2025
Supervising judge
Luc Vanderbeke
Official Gazette
30-06-2025 (pdf) ↗search the document for 2025/128493

Deadlines

Provisional date payments stopped
24 June 2025A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 15 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 24 July 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 12 August 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 24 June 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activity not known1 site
Size
€32,736total assets 2021
Staff
1.9 FTE
Equity
€12,435
Profit
€5,935
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
1 deed in the Belgian Official Gazette
Signalsraises riskOpen bankruptcyShow the evidence

Signals

1 signal.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Ghent, Kortrijk…
  2. Annual accounts filedfinancial year 2021 · micro…

Financials · financial year 2021, micro format

2021 annual accounts filed late (326 days) Filed on 22 June 2023, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2023-00153328.

Equity
€12,435
Total assets
€32,736
Net result
€5,935
Working capital
-€18,999

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €32,736
Fixed assets €31,434
Current assets €1,302
Equity and liabilities €32,736
Equity €12,435
Debt €20,301
Debt finances 62.0% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€15,148
Cash flow
€13,562
Current ratio
0.06
Debt to equity
1.63
ROE
47.7%
ROA
18.1%
Interest coverage
47.14
Debt ≤ 1 year
€20,301
Income taxes
€1,265
Staff costs
€102,337
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 41 lines
Balance sheet Code2021
Assets
Total assets20/58€32,736
Fixed assets21/28€31,434
Tangible fixed assets22/27€27,634
Land and buildings22€6,447
Plant, machinery and equipment23€6,381
Furniture and vehicles24€14,806
Financial fixed assets28€3,800
Current assets29/58€1,302
Amounts receivable within one year40/41€1,302
Trade receivables40€143
Other amounts receivable41€1,159
Equity and liabilities
Total equity and liabilities10/49€32,736
Equity10/15€12,435
Contributions10/11€6,500
Reserves13€5,935
Distributable reserves133€5,935
Amounts payable17/49€20,301
Amounts payable within one year42/48€20,301
Financial debts43€6,459
Credit institutions430/8€6,459
Trade debts44€7,848
Suppliers440/4€7,848
Taxes, remuneration and social security45€1,265
Taxes450/3€1,265
Other amounts payable47/48€4,729
Income statement Code2021
Remuneration, social security and pensions62€102,337
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,627
Other operating charges640/8€2,956
Gross operating margin9900€120,440
Operating profit (loss)9901€7,520
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€321
Recurring financial charges65€321
Profit (loss) for the period before taxes9903€7,200
Income taxes67/77€1,265
Profit (loss) for the period9904€5,935
Profit (loss) for the period to be appropriated9905€5,935
Appropriation of the result
Profit (loss) to be appropriated9906€5,935
Transfer to equity691/2€5,935
To other reserves6921€5,935

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Remuneration, social security and pensions62€102,337
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,627
Other operating charges640/8€2,956
Gross operating margin9900€120,440
Operating profit (loss)9901€7,520
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€321
Recurring financial charges65€321
Profit (loss) for the period before taxes9903€7,200
Income taxes67/77€1,265
Profit (loss) for the period9904€5,935
Profit (loss) for the period to be appropriated9905€5,935
Line2021
Assets
Total assets20/58€32,736
Fixed assets21/28€31,434
Tangible fixed assets22/27€27,634
Land and buildings22€6,447
Plant, machinery and equipment23€6,381
Furniture and vehicles24€14,806
Financial fixed assets28€3,800
Current assets29/58€1,302
Amounts receivable within one year40/41€1,302
Trade receivables40€143
Other amounts receivable41€1,159
Equity and liabilities
Total equity and liabilities10/49€32,736
Equity10/15€12,435
Contributions10/11€6,500
Reserves13€5,935
Distributable reserves133€5,935
Amounts payable17/49€20,301
Amounts payable within one year42/48€20,301
Financial debts43€6,459
Credit institutions430/8€6,459
Trade debts44€7,848
Suppliers440/4€7,848
Taxes, remuneration and social security45€1,265
Taxes450/3€1,265
Other amounts payable47/48€4,729
Line2021
Profit (loss) for the period9904€5,935
+ Depreciation and write-downs630€7,627
Operating cash flow (approximation)€13,562

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2021 micro format 22-06-2023 2023-00153328

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Kathleen Segers
Felix Verhaeghestraat 5, 8790 Waregem
24-06-2025 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Devastgoedmarkt was incorporated on 2 June 2020 as a private limited company.1 The company has filed annual accounts once, for financial year 2021.2 On 24 June 2025 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2021
  3. 3Belgian Official Gazette, 30-06-2025

Acts, filings and financial milestones

2025
30-06
Bankruptcy Opening
Enterprise Court of Ghent, Kortrijk division · judgment of 24-06-2025
2023
22-06
NBB filing Annual accounts filed
financial year 2021 · micro format · 326 days late
SignalNBB filing
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded02-06-2020
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
601 m²
Building footprint
294 m²
Building volume
1,783 m³
2 parcels, Flanders · tallest building 13.2 m. Linked by address, not a title deed.
1 establishment unit
Devastgoedmarkt
Agents specialised in the wholesale of other particular products
since 2020unit no. 2.303.185.123
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
34041C0821/00S002 Flanders 448 m² 1 · 140 m² 7.8 m · 2
34302B0762/00W000 Flanders 153 m² 1 · 153 m² 13.2 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.